Russia

In 2013, the Estonian branch of Danske Bank closed 20 Russian accounts after the Executive Board learned from a whistleblower that those accounts were being used by a family member of Vladimir Putin and the FSB, the Russian intelligence service,… Read more >

On Tuesday, Alexander Vinnik, a Russian citizen suspected of leading a money laundering operation, was arrested in Greece for accumulating more than $4 billion (£3 billion) of bitcoin without following anti-money laundering (AML) protocols and regulations, and allegedly laundering those… Read more >

ExxonMobil Corp, the world’s largest publicly traded international oil and gas company that earned $7.8 billion on revenues of about $219 billion last year, has been fined $2 million by OFAC for signing a joint venture with Russia’s Government owned… Read more >

A Russian crime syndicate that has been accused of laundering hundreds of millions of dollars has allegedly been routing millions into nearly 30 Canadian bank accounts, establishing the largest tax fraud in Russian history. U.K.-based businessman Bill Browder, who was… Read more >